IDEAS home Printed from https://ideas.repec.org/a/ddj/fseeai/y2022i3p17-28.html
   My bibliography  Save this article

A Dynamic Analysis of Economic Crime in Europe: The Role of the European Institutions in the Prevention of Economic Crimes in the COVID-19 Pandemic

Author

Listed:
  • Iulia-Oana FLOREA

    (Bucharest University of Economic Studies, Bucharest, Romania)

  • Kamer-Ainur AIVAZ

    (Ovidius University of Constanta, Romania)

Abstract

Fraud in the economy is also known as financial crime and refers to the illegal acts committed by individuals or groups of individuals for the purpose of gaining a financial or professional advantage. For organized criminal groups, economic fraud has the advantage of a low risk and a high return, especially for fraud cases that can only be discovered through international cooperation, as well as for Internet crimes for which jurisdiction needs to be established. Using the AFC statistical analysis method, this research focuses on the comparative analysis of crime in the economic sphere among European states and proposes a dynamic analysis of the prevention of financial crime in the context of the COVID-19 pandemic. The results of the study are significant from both research and a practical perspective, providing important clues regarding the ability to adapt to unforeseen situations of the institutions with a role in the investigation and sanctioning of economic crimes at the level of each country included in the analysis.

Suggested Citation

  • Iulia-Oana FLOREA & Kamer-Ainur AIVAZ, 2022. "A Dynamic Analysis of Economic Crime in Europe: The Role of the European Institutions in the Prevention of Economic Crimes in the COVID-19 Pandemic," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 3, pages 17-28.
    • Handle: RePEc:ddj:fseeai:y:2022:i:3:p:17-28
    DOI: 10.35219/eai15840409283
    as

    Download full text from publisher

    File URL: http://eia.feaa.ugal.ro/images/eia/2022_3/FloreaAivaz.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.35219/eai15840409283?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Kamer-Ainur Aivaz & Ionela Florea Munteanu & Alina Chiriac, 2022. "An exploratory analysis of the dynamics of the activity of the Fiscal Anti-fraud Directorate General in the 2014-2020 period at the level of Romania," Technium Social Sciences Journal, Technium Science, vol. 30(1), pages 337-347, April.
    2. Mircea-Iosif Rus, 2019. "Tax Evasion Vs. Fiscal Fraud," FIAT IUSTITIA, Dimitrie Cantemir Faculty of Law Cluj Napoca, Romania, vol. 13(2), pages 144-148, October.
    3. Lavinia Stan & Diane Vancea, 2014. "Much Contest, Little Censure: Motions in the Romanian Parliament (1989–2012)," Europe-Asia Studies, Taylor & Francis Journals, vol. 66(10), pages 1629-1648, November.
    4. Alassane Diaw & Oana-Ramona Lobont & Nicoleta Claudia Moldovan, 2014. "Some relevant risk factors and causal mechanisms to understand crime in Romania," Review of Applied Socio-Economic Research, Pro Global Science Association, vol. 8(2), pages 64-69, June.
    5. Rus Mircea-Iosif, 2013. ""The Knowledge Triangle" In A Knowledge-Based Society," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 942-947, July.
    6. Roger Bowles & Michael Faure & Nuno Garoupa, 2008. "The scope of criminal law and criminal sanctions: An economic view and policy implications," Working Papers 2008-03, Instituto Madrileño de Estudios Avanzados (IMDEA) Ciencias Sociales.
    7. Ionela FLOREA MUNTEANU, 2021. "Comparative Analysis on Financial Performance and Sustainable Incentives in the Construction Sector. Evidence from the Coastal Area of Romania," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 61-67.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Iulia-Oana FLOREA & Kamer-Ainur AIVAZ, 2022. "The Dimension of the Phenomenon of Economic Crime. A Hierarchical Classification of EU Countries at the Level of 2021," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 3, pages 125-134.
    2. Oana-Iulia Florea & Kamer-Ainur Aivaz & Diane-Paula Vancea, 2022. "Exploratory Study on the Types of Economic Crimes at EU Level," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 68-76, Decembrie.
    3. Stefania-Rodica Hubel (Anghel) & Mari-Isabella Stan & Tanase Tasente, 2023. "Assessing the Role of Gender in Shaping Perceptions of Socio- Economic Issues in the Context of Sustainable Local Development: A Study on Respondents' Influence," Technium Sustainability, Technium Science, vol. 3(1), pages 76-90, June.
    4. Ionela Tofan & Elena Condrea, 2022. "Business performance in IT. A multivariate regression analysis," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 217-226, Decembrie.
    5. Alina (Chiriac) Matei & Kamer-Ainur Aivaz, 2023. "Exploratory Analysis of Assets Nonconformities in Financial Statements," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 978-985, August.
    6. Ionela Tofan & Elena Condrea, 2022. "An Analysis of Business Performance In Romania’s IT Sector," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 207-216, Decembrie.
    7. Paolo Polidori & D?sir?e Teobaldelli, 2012. "Corporate Criminal Liability and Optimal Behavior by Firms.Internal Monitoring Devices versus Managerial Incentives," Working Papers 1216, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2012.
    8. Éric Langlais & Marie Obidzinski, 2015. "The Structure of Fines in the Light of Political Competition," Revue d'économie politique, Dalloz, vol. 125(5), pages 717-729.
    9. Kamer-Ainur Aivaz & Adrian Micu, 2021. "An analysis of the impact of the COVID-19 pandemic on the number of tourists arriving in Romania using the correspondence factor analysis," Technium Social Sciences Journal, Technium Science, vol. 24(1), pages 324-335, October.
    10. Éric Langlais, 2010. "Les criminels aiment-ils le risque ?," Revue économique, Presses de Sciences-Po, vol. 61(2), pages 263-280.
    11. Eric Langlais & Marie Obidzinski, 2013. "Elected vs appointed public law enforcers," Working Papers hal-04141175, HAL.
    12. Thomas J. Miceli & Murat C. Mungan, 2021. "The limit of law: factors influencing the decision to make harmful acts illegal," Economics of Governance, Springer, vol. 22(3), pages 293-307, September.
    13. Paolo Polidori & Désirée Teobaldelli, 2018. "Corporate criminal liability and optimal firm behavior: internal monitoring versus managerial incentives," European Journal of Law and Economics, Springer, vol. 45(2), pages 251-284, April.
    14. Gabriela Iuliana Paraschiv (Ganea) & Mari-Isabella Stan, 2023. "A Brief Survey Concerning Environmental Action: The Need for Collective Engagement," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 182-191, August.
    15. Florica Brasoveanu, 2023. "Transparency and Public Participation in EU Environmental Decisionmaking: Strengthening Global Governance and Regional Cooperation," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 28-35, December.
    16. AIVAZ Kamer-Ainur & TOFAN Ionela, 2022. "The Synergy Between Digitalization And The Level Of Research And Business Development Allocations At Eu Level," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 17(3), pages 5-17, December.
    17. Mircea-Iosif Rus, 2022. "The Importance and Necessity of Heritage Evaluation," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 1010-1014, Decembrie.
    18. Anna Rita Germani & Pasquale Scaramozzino & Andrea Morone & Piergiuseppe Morone, 2017. "Discretionary enforcement and strategic interactions between enforcement agencies and firms: a theoretical and laboratory investigation," Journal of Regulatory Economics, Springer, vol. 52(3), pages 255-284, December.
    19. Kamer-Ainur Aivaz & Mari-Isabella Stan & Ionela Ionițiu, 2021. "Drivers for Development Triggered by the Trilogy Tourism-Underwater Cultural Heritage-Environmental Protection, in Maritime Spatial Planning," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 2-11, December.
    20. Kamer-Ainur Aivaz & Constantin Avram, 2021. "An analysis of the performance of the companies in Constanta County which operate in the real estate transactions field in the context of sustainable development," Technium Social Sciences Journal, Technium Science, vol. 26(1), pages 475-487, Decembrie.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ddj:fseeai:y:2022:i:3:p:17-28. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gianina Mihai (email available below). General contact details of provider: https://edirc.repec.org/data/fegalro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.